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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit Opportunity Finance Network

Opportunity Finance Network

Fiscal year ending 2023. Filed on October 15, 2024.

123 S Broad Street Suite 1930
Suite 260
Philadelphia, Pennsylvania 19109

Opportunity Finance Network (EIN: 20-5189202) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Opportunity Finance Network, a 501(c)(3) charitable organization, reported compensation for 15 out of 59 total employees. Among the employees shown here, the average compensation is $208,274. The highest compensated employee at Opportunity Finance Network is Beth Lipson with fiscal year 2023 compensation of $302,171.

Revenue, expenses, and employee compensation

Revenue

$24,971,319

Expenses

$31,233,261

Employee compensation

$7,153,891
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Beth Lipson
Executive Vice President and Chief Financial Officer
$302,171
$298,249 No related comp$3,922
Amber Kuchar Bell
Executive Vice President, Chief Strategy and Operations Officer
$290,333
$263,591 No related comp$26,742
Harold Pettigrew
President and CEO (Since 06/23)
$251,875
$250,939 No related comp$936
Dafina Williams
Executive Vice President, Chief External Affairs Officer
$250,100
$233,976 No related comp$16,124
Seth Julyan
Executive Vice President, Chief Network Officer
$244,047
$221,347 No related comp$22,700
Jennifer Vasiloff
Executive Vice President, Chief External Affairs Officer (Until 10/23)
$218,199
$214,109 No related comp$4,090
Mary Wright
Senior Vice President, Financial Services
$205,596
$201,387 No related comp$4,209
Bhumip Patel
Senior Vice President, Accounting and Finance
$194,368
$190,365 No related comp$4,003
Shakeyda Daniels
Senior Vice President, Financial Services
$192,446
$182,077 No related comp$10,369
Lisa Chensvold
Senior Vice President, Strategic Communications
$180,686
$168,820 No related comp$11,866
Adrienne Smith
Senior Vice President, Research
$178,902
$175,355 No related comp$3,547
Sindhu Lakshmanan
Senior Vice President, Development Services
$166,242
$157,382 No related comp$8,860

Benchmark Employee Compensation

Non-Employee Board Members

Aisha Benson
Board Member
Betsy Biemann
Board Vice Chair
Christina Travers
Board Member
David Beck
Board Member
Donna Gambrell
Board Chair
Elena Gonzales
Board Member
Henry Jimenez
Board Member
Marla Bilonick
Board Member
Martina Edwards
Board Member (Since 10/23)
Robert Villarreal
Board Treasurer
Sara Razavi
Board Member
Ted Piccolo
Board Member

Contractors

All Around Creative
Marketing
$237,848
Faegre Drinker Biddle & Reath LLP
Legal
$191,638
August Leadership LLC
Recruiting
$144,784
Forsyth Street Advisors LLC
Advisory
$111,917
Mitchell & Titus LLP
Audit and Tax
$106,698

Mission Statement

OPPORTUNITY FINANCE NETWORK'S (OFN) MISSION IS TO LEAD COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER DISINVESTED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES. OFN IS A NATIONAL LEADERSHIP NETWORK OF MORE THAN 450+CDFIS, INCLUDING COMMUNITY BANKS, CREDIT UNIONS, AND LOAN FUNDS. OFN, THROUGH ITS MEMBERS, INVESTS IN LOW-INCOME AND UNDERSERVED RURAL, URBAN, AND NATIVE AMERICAN COMMUNITIES ACROSS ALL 50 STATES IN AMERICA; PROVIDING AFFORDABLE, RESPONSIBLE CREDIT THAT FINANCES COMMUNITY BUSINESSES, SPARKS JOB GROWTH IN THE AREAS THAT NEED IT MOST, AND DELIVERING BOTH SOUND FINANCIAL RETURNS AND REAL CHANGES FOR PEOPLE AND COMMUNITIES. OFN'S PROGRAM SERVICE OFFERINGS INCLUDE PROVIDING FINANCIAL PRODUCTS AND SERVICES FOR CDFIS, INCREASING THE STRENGTH AND CAPACITY OF THE CDFI INDUSTRY, AND AMPLIFYING THE VOICE OF THE INDUSTRY.

Revisions to this organization profile

November 6, 2025:
2024 Opportunity Finance Network 990 filed
October 15, 2024:
2023 Opportunity Finance Network 990 filed
October 10, 2023:
2022 Opportunity Finance Network 990 filed

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